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of ITAT allowed the assessee's appeal, deleting additions made under section 153C/143(3) for Assessment Year 2014-15. The Tribunal found no incriminating material during the search and held that survey evidence could not be utilized in proceedings under section 153A. Differences in sales, unexplained cash credits, and interest on alleged bogus loans were deleted. The order remanded two issues to the Assessing Officer: verification of GMC tax expenditure's treatment as capital expense and examination of disallowance under section 40A(3) pending production of required documentation. The appeal was substantially allowed with directions for further investigation and potential adjustments.
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